What are the most important things to know about USDA loan eligibility and requirements?

Colony Bank offers a wide array of services to support you, from personal banking solutions to specialized lending options. Jan 19, 2024 ... $90 million in loan guarantees last week from the US Department of Agriculture (USDA) to Hardee Fresh for its new facility, Americus Fresh in Sumter County. With the USDA Loan program, we can support the economic climate in rural communities while also helping larger businesses with financing needs. USDA loans make financing a home more affordable. They have competitive interest rates, no required down payment for many homebuyers, and low guarantee fees. A USDA loan is a government-backed, no down payment home loan that allows low- to moderate-income households to get up to 100% financing for their primary ... PenAir offers financing through the USDA's Single Family Housing Guaranteed Loan Program for low- or moderate- income borrowers in rural areas. Page Menu. Feb 19, 2023 ... An NPR data analysis shows Black farmers were accepted for USDA direct loans at a lower rate than other racial groups in 2022. Jul 30, 2024 ... Three Starr County residents have been sentenced for their roles in a bribery scheme involving the United States Department of Agriculture (USDA). Program Requirements · No down payment required · Not limited to 1st-time homebuyers · Flexible credit & qualifying guidelines · Gift funds allowed · Seller may ... 100% financing available. No down payment means you don't have to drain your savings to get a mortgage. Competitive rates. Affordable options for fixed-rate ...